FORM
6-K
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For
the
month of May 2007
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Goldcorp
Inc.
(Translation
of registrant's name into English)
|
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Suite 3400
- 666 Burrard St.
Vancouver,
British Columbia V6C 2X8 Canada
(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual reports
under
cover Form 20-F or Form 40-F.
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Form
20-F
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o
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Form
40-F
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x
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ____
|
Note:Regulation
S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if
submitted solely to provide an attached annual report to security
holders.
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted
by Regulation S-T Rule 101(b)(7): ____
|
|
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in
paper of a
Form 6-K if submitted to furnish a report or other document that
the
registrant foreign private issuer must furnish and make public
under the
laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant’s “home country”), or under
the rules of the home country exchange on which the registrant’s
securities are traded, as long as the report or other document
is not a
press release, is not required to be and has not been distributed
to the
registrant’s security holders, and, if discussing a material event, has
already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
|
Indicate
by check mark whether by furnishing the information contained in this Form,
the
registrant is also thereby furnishing the information to the Commission
pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
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Yes
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o
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No
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x
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If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
Signature
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto
duly authorized.
| GOLDCORP INC. | ||
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Date: May
21, 2007
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/s/
Anna M. Tudela
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Name: Anna M. Tudela |
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Title:
Director,
Legal and Assistant Corporate
Secretary
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||
 |
Suite
3400 - 666 Burrard St.
Vancouver,
BC, V6C 2X8
Tel:
(604) 696-3000
Fax:
(604) 696-3001
|
| Toronto Stock Exchange: G |
GOLDCORP
ANNOUNCES NEW CREDIT FACILITY
(All
figures are in US dollars unless stated otherwise)
Vancouver,
British Columbia - May 21, 2007 - Goldcorp
Inc. (GG:NYSE; G:TSX) today
announced that it has entered into a $1.5 billion credit facility with
a
syndicate of twelve lenders.
The
credit facility replaces the Company’s existing credit facilities. It is
intended to be used to finance growth opportunities and for general corporate
purposes. The floating rate facility is unsecured and amounts drawn are
required
to be financed or repaid by May 18, 2012.
“Funds
from recent transactions and our continued strong cash flow have resulted
in
Goldcorp being essentially debt-free in the current quarter,” said Kevin
McArthur, Goldcorp President and Chief Executive Officer. “This facility is
consistent with the liquidity needs of a company our size, and it enables
us to
finance the mine construction activities that underpin the best growth
profile
in the gold mining industry.”
For
the
facility, Bank of Montreal acted as Co-Lead Arranger, Administrative
Agent and
Sole Bookrunner and Bank of Nova Scotia acted as Co-Lead Arranger, Syndication
Agent and Processing Agent.
Goldcorp
is one of the world’s lowest-cost and fastest growing multi-million ounce gold
producers with operations throughout the Americas. The Company does not
hedge
its gold production.
Cautionary
Note Regarding Forward-Looking Statements
This
press
release contains “forward-looking statements”, within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and applicable
Canadian
securities legislation, concerning the business, operations and financial
performance and condition of Goldcorp. Forward-looking statements include,
but are not limited to, statements with respect to the future price of
gold,
silver, copper, lead and zinc, the estimation of mineral reserves and
resources,
the realization of mineral reserve estimates, the timing and amount of
estimated
future production, costs of production, capital expenditures, costs and
timing
of the development of new deposits, success of exploration activities,
permitting time lines, hedging practices, currency exchange rate fluctuations,
requirements for additional capital, government regulation of mining
operations,
environmental risks, unanticipated reclamation expenses, timing and possible
outcome of pending litigation, title disputes or claims and limitations
on
insurance coverage. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as “plans”, “expects”
or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”,
or variations of such words and phrases or state that certain actions,
events or
results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results,
level
of activity, performance or achievements of Goldcorp to be materially
different
from those expressed or implied by such forward-looking statements, including
but not limited to: risks related to the integration of acquisitions;
risks
related to international operations; risks related to joint venture operations;
actual results of current exploration activities; actual results of current
reclamation activities; conclusions of economic evaluations; changes
in project
parameters as plans continue to be refined; future prices of gold, silver,
copper, lead and zinc; possible variations in ore reserves, grade or
recovery
rates; failure of plant, equipment or processes to operate as anticipated;
accidents, labour disputes and other risks of the mining industry; delays
in
obtaining governmental approvals or financing or in the completion of
development or construction activities, as well as those factors discussed
in
the section entitled “Description of the Business - Risk Factors” in Goldcorp’s
Annual Information Form for the year ended December 31, 2006, available
on
www.sedar.com, and Form 40-F for the year ended December 31, 2006 on
file with
the United States Securities and Exchange Commission in Washington, D.C.
Although Goldcorp has attempted to identify important factors that could
cause
actual results to differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events
could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Goldcorp does not undertake to update any forward-looking statements
that are
incorporated by reference herein, except in accordance with applicable
securities laws.
For
further information, please contact:
|
Jeff
Wilhoit
Vice
President, Investor Relations
Goldcorp
Inc.
Telephone:
(604) 696-3074
Fax:
(604) 696-3001
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e-mail:
info@goldcorp.com
website:
www.goldcorp.com
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